NZDUSD, H1 is reacting above trendline, potential bounce

Price is holding and reacting above ascending trendline support and also key Fibonacci retracement level at 61.8%. A short term bouce above our pivot towards recent swing high resistance and 1st resistance could be likely. Otherwise, breaking and closing below our pivot will see price swing towards the recent low and 1st support. RSI indicator is testing trendline support as well where price bounced in the past.